SOLD
Sold on 30 Apr 2024 for $710,000

40 Crystal Street
Broken Hill NSW 2880

Bedrooms: -
Bathrooms: -
Car spaces: 5
Land area: 1518m2
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Property Details for 40 Crystal St, Broken Hill

Building Type
Commercial
Land Size
1518m2
Local Government
Broken Hill
Lot/Plan
20/39/DP759092

Last Listing description (March 2024)

Showroom / Storage / Offices/ Amenities/ LARGE WAREHOUSE
Land: 1531 m - Building: 234m - Warehouse: 387m

Ray White Broken Hill is pleased to offer 40 Crystal Street, a highly visible free-hold commercial property for sale by Public Auction on Saturday 18th November at 12pm on-site. This is an outstanding opportunity for owner occupiers, investors, and developers to secure this rarely offered premium property opportunity.

Key highlights include:
- Substantial clear span showroom and warehouse with roller door access and onsite parking and substantial wide road for offsite parking.
- Landholding of some 1531sqm with over 13 metre frontage to Crystal Street and Garnet Street and side access on a large corner block of land.
- Mixed Use Zoning (MUZ) provides multiple future development possibilities
- Located in the North Side of Broken Hill 1km from the CBD, an area thriving from significant development and infrastructure investment both completed and planned to include growing business opportunities in - - Broken Hill with its 2025 revitalisation projects and Government
initiatives to grow regional development.

The warehouse is less than 10 years old. Two Solar systems which total 18KW and 3 phase power connected to building. Previously ARB Broken Hill, now an opportunity for commercial business operations with retail, storage, office and parking.

There are two main buildings on the allotment.

- Building A 234.3 m The building is constructed of a composite of Brick, and steel with aluminium and glass frontage to Crystal and Garnet Streets BROKEN HILL. This has concrete floors, steel frame and plasterboard sections at the rear.
The building comprises:- Open retail display area, service and sales counter, two offices, kitchen and staff room, male and female toilets and storeroom. The building contains an area of approx. 234.3m2

- Building B 387 m The building is constructed of clear span steel portal frame with Colourbond wall and roof cladding, fully insulated, 150mm double mesh concrete floor and two commercial roller doors and a PA door.
4-1 The building is utilised as a commercial workshop and has dimensions of 21.5 m x 18m giving a total floor area of 387m2
4-2 Other improvements include ample concrete apron and hard stand.

GST APPLIES TO THE SALE.

Property History for 40 Crystal St, Broken Hill, NSW 2880

A timeline of how this property has performed in the market
Last Sold
$710,000
30 Apr 2024
  • 30 Apr 2024
    Sold for $710,000
  • 07 Jun 2023
    Listed for Sale $755,000 PLUS gst
  • 21 May 2019
    Sold
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About Broken Hill 2880

The size of Broken Hill is approximately 13,004.9 square kilometres. It has 43 parks covering nearly 2.2% of total area. The population of Broken Hill in 2011 was 18,776 people. By 2016 the population was 17,837 showing a population decline of 5.0% in the area during that time. The predominant age group in Broken Hill is 50-59 years. Households in Broken Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broken Hill work in a professional occupation. In 2011, 74.2% of the homes in Broken Hill were owner-occupied compared with 71.9% in 2016.

Broken Hill has 11,268 properties. Over the last 5 years, Houses in Broken Hill have seen a 88.95% increase in median value, while Units have seen a 79.05% increase. As at 31 October 2024:

  • The median value for Houses in Broken Hill is $182,283 while the median value for Units is $160,380.
  • Houses have a median rent of $340 while Units have a median rent of $220.
There are currently 137 properties listed for sale, and 24 properties listed for rent in Broken hill on OnTheHouse. According to CoreLogic's data, 518 properties were sold in the past 12 months in Broken hill.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.